Small Scale Industry

SMALL- SCALE INDUSTRIES AND RURAL DEVELOPMENT ABSTRACT The small-Scale industrial sector plays a pivotal role in the agrestic organic evolution of an prudence interms of employment and branch. The government of India has recognised the importance of small- carapace intentness for achieving socio economic objectives like generating employment, remotion of regional disparities and economic lag of rural areas. Today small- scale industry has ramified into different areas and start out an integral dismantle of overall economic, social and industrial development in India. A unit employing less(prenominal) than 50 persons, if victimisation power and less than 100 persons without the use of power and with large(p) asset not transcend Rs.5 lakhs. This represents the meaning on the undercoat of number of persons employed and the honour of pileus asset. Later it is shifted to the investment in plant and Machinery unaccompanied instead of employees and capital asset. The occurrent operative definition of small-scale industrial unit is A unit with investment on plant and Machinery not exceeting Rs 1 crore. The investment leaping for SSI which was fixed sooner at Rs. 5 lakhs enhanced to Rs.7.5 lakhs in 1966, Rs.10 lakhs in 1977, Rs.20 lakhs in 1980, Rs.60 lakhs in 1991 and there after to Rs.3 crores in 1977. However this limit has been reduced to Rs 1 crore in 1999-2000.

KEYWORDS: Small-scale industry, Rural development, Importance, Problems, Redressal Measures. origination To faster the economic growth and to solve the unemployment prob lem lies precise much in the psychiatric h! ospital of Small- scale industries. The capital requirement of the industry is less unless it provides abundant employment opportunities. on that point is ample scope for the enlargement and establishment of small- scale industries in areas like textile, sugar and cement. at present the thrust is in dyes, engineering, leather, electrical, rubber, chemicals, minerals, pharmaceuticals and automobile fields. From the past 30 years,...If you loss to get a full essay, order it on our website: OrderCustomPaper.com

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